How Much Does a Business Underwriter Make in Ohio?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Business Underwriter in Ohio is $62,197. While Salary.com is seeing that Business Underwriter salary in OH can go up to $68,490 or down to $41,355, but most earn between $51,288 and $65,491. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Business Underwriter
Small Business Underwriter
$61,931
Ohio
Per Year
Business Loan Underwriter
$62,943
Ohio
Per Year
Business Banking Underwriter
$60,825
Ohio
Per Year
Underwriter V
$130,542
Ohio
Per Year
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Similar Job Salaries to Business Underwriter by Company

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Company average base salary in (usd) range
Westfield
Small Business Managing Underwriter
$84,820/yr
$77,250
$92,390
RANGE: $77,250 - $92,390
$67,759/yr
$61,289
$74,229
RANGE: $61,289 - $74,229
$67,759/yr
$61,289
$74,229
RANGE: $61,289 - $74,229
$76,074/yr
$68,892
$83,256
RANGE: $68,892 - $83,256
$79,287/yr
$72,177
$86,397
RANGE: $72,177 - $86,397
JM Wilson
Renewal Underwriter
$66,840/yr
$59,963
$73,716
RANGE: $59,963 - $73,716
JM Wilson
Transportation Underwriter
$72,160/yr
$65,355
$78,965
RANGE: $65,355 - $78,965
Universal 1 Credit Union
Underwriter (On-Site)
$63,710/yr
$57,095
$70,326
RANGE: $57,095 - $70,326

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Top 10 Highest Paying Cities For Business Underwriter Jobs in Ohio

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Business Underwriter can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Business Underwriter job salaries in Ohio. Some cities can pay higher salaries for Business Underwriter jobs, which can indicate that there is a large demand for Business Underwriter positions in this city.
The following table shows top 10 cities where the Business Underwriter salary is higher than other cities in Ohio. Columbus takes first place in this list, followed by Cleveland, Lakewood. The Business Underwriter salary is $62,452 in Columbus, which is lower than the national average. There is 0 city's Business Underwriter salary higher than national average in Ohio.
The average salary for a Business Underwriter in Ohio is $62,197, but we found that the city with the highest salary for Business Underwriter jobs is Columbus, OH, and it is higher than Cleveland. Business Underwriter jobs in Columbus can have the opportunity to earn higher salaries than in other cities in Ohio.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Columbus $62,452 $5,204 $1,201 $30
Cleveland $62,452 $5,204 $1,201 $30
Lakewood $62,452 $5,204 $1,201 $30
Euclid $62,388 $5,199 $1,200 $30
Cincinnati $62,197 $5,183 $1,196 $30
Newark $62,070 $5,173 $1,194 $30
Hamilton $61,943 $5,162 $1,191 $30
Lorain $61,879 $5,157 $1,190 $30
Dayton $61,689 $5,141 $1,186 $30
Elyria $61,689 $5,141 $1,186 $30

What Does a Business Underwriter Do?

In general, underwriters are tasked with determining the level of the risk involved in a transaction or other kind of business decision.
Updated December 15, 2021
The purpose of this position is to provide support to underwriter(s) in producing, servicing and analyzing risks of new and renewal business.
Updated December 03, 2021

Frequently Asked Questions About a Business Underwriter Salaries

What is the average of a Business Underwriter in Ohio?

The Business Underwriter salary range is from $51,288 to $65,491, and the average Business Underwriter salary is $62,197/year in Ohio. The Business Underwriter's salary will change in different locations.

Which location pays the highest Business Underwriter salary in the United States?

The Business Underwriter salary in San Jose, CA is $79,814 which is the highest in the US.

What kinds of reasons will influence the Business Underwriter's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Business Underwriter.

What is the growth rate of the Business Underwriter's salary?

If you are thinking of becoming a Business Underwriter or planning the next step in your career, find the detailed salary report of a Business Underwriter.